AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home News

Senate president calls for cancellation of inactive mining licenses

AngMinero News by AngMinero News
March 4, 2025
in News
28 0
0
Gov’t bets on robust mining revenue, miners skeptical
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Senate President Francis G. Escudero has called on the Department of Environment and Natural Resources (DENR) to drop mining exploration permits that remain unused, arguing that companies should not hold on to permits they fail to utilize.

Escudero stressed that such inaction contradicts the intent of the Republic Act No. 7942, or the Philippine Mining Act, which aims to promote and develop the country’s mineral resources for national growth.

He asserted that exploration permits are granted to ensure responsible resource utilization. If mining firms fail to develop their concessions within the prescribed period, their permits should be revoked, regardless of the company’s name or influence.

“The intention of the Mining Act is to promote the rational exploration, development, utilization, and conservation of mineral resources to enhance national growth. Exploratory permits were issued by government to achieve this goal, but if these are not being utilized by the mining firms, then they have no business holding on to these permits,” said Escudero

Moreover, unused permits should instead be awarded to capable mining firms through a bidding process, generating revenue for the government while ensuring resource development.

The Senate President recently filed Senate Resolution No. 1310, seeking an investigation into inactive, non-operational, and expired mining permits, which he said hinder the country’s potential in the sector.

He criticized companies that treat exploration permits as private assets, holding onto them for years only to sell them later at a higher price. He reiterated that under the Constitution, mineral deposits are owned by the State, and permit holders are merely contractors.

During a Senate hearing, Escudero highlighted that despite the Philippines ranking fifth globally in mineral reserves and being the world’s second-largest nickel ore producer, the country has failed to maximize its mining potential.

He pointed out that the mining sector contributed only 0.5 percent to gross domestic product (GDP) in 2022 and 0.7 percent in 2023. In contrast, mining contributes over 10 percent of GDP in some of the world’s wealthiest countries.

Citing government data, the DENR reported that as of February 2025, 152 exploration permits had been issued. Of these, 45 remain valid, four are for registration, 53 have expired with pending renewal applications, and 48 have expired with no renewal application. Two permits were either consolidated or canceled.

Escudero criticized discretionary decision-making in the renewal process, warning that it could lead to corruption. He urged the DENR to issue an administrative order or memorandum circular to revoke inactive exploration permits.

What do you think about Escudero’s call to revoke inactive mining permits? Share your thoughts at AngMinero.

Tags: denrdepartment of environment and natural resourcesminingmining explorationpermits

Related Posts

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends
News

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026
Makilala Mining advances Kalinga mining project, eyes Q2 funding
News

Makilala Mining advances Kalinga mining project, eyes Q2 funding

February 19, 2026
DOE launches coal bid round offering 18 blocks, including Semirara areas
News

DOE launches coal bid round offering 18 blocks, including Semirara areas

February 18, 2026
MGB suspends Woggle exploration permit citing force majeure
News

MGB suspends Woggle exploration permit citing force majeure

February 18, 2026
DOE eyes bidding for Semirara contract; SMPC says no formal decision yet
News

DOE eyes bidding for Semirara contract; SMPC says no formal decision yet

February 18, 2026
Silangan enters final commissioning phase before first production
News

Silangan enters final commissioning phase before first production

February 18, 2026

FEATURED POST

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026
Makilala Mining advances Kalinga mining project, eyes Q2 funding

Makilala Mining advances Kalinga mining project, eyes Q2 funding

February 19, 2026
Operational complexity demands smarter study phases in mining —Ausenco’s Chris Pitman

Operational complexity demands smarter study phases in mining —Ausenco’s Chris Pitman

February 19, 2026
DOE launches coal bid round offering 18 blocks, including Semirara areas

DOE launches coal bid round offering 18 blocks, including Semirara areas

February 18, 2026

EDITOR PICK'S

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026

Makilala Mining advances Kalinga mining project, eyes Q2 funding

February 19, 2026

Operational complexity demands smarter study phases in mining —Ausenco’s Chris Pitman

February 19, 2026

DOE launches coal bid round offering 18 blocks, including Semirara areas

February 18, 2026

MGB suspends Woggle exploration permit citing force majeure

February 18, 2026

‘The Good, the Bad, and the Ugly:’ Enmintech’s Myke Jones weighs UAVs in mining exploration

February 18, 2026

DOE eyes bidding for Semirara contract; SMPC says no formal decision yet

February 18, 2026

Recent News

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026
Makilala Mining advances Kalinga mining project, eyes Q2 funding

Makilala Mining advances Kalinga mining project, eyes Q2 funding

February 19, 2026

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In